XRP bulls test path back toward $1.10 as token zips 4% higher

XRP is currently in a consolidation phase as bulls attempt to push the token price past the $1.10 resistance level. Market data shows increased wallet creation and bullish social sentiment, though the asset remains range-bound following a recent escrow unlock.
Why it matters
XRP's price action is a key indicator for broader crypto market sentiment and investor participation in altcoins.
• XRP wallet creation rose to 4,941 daily addresses, the strongest single-day growth in 14 weeks.
The article relies on technical market analysis and objective data points regarding price and volume.
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